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I posted months ago about my plans to leave my high paying W2 position, and COVID did this for me last month. My employer never liked that I had rentals and also flipped some properties, but the truth is he had talked...
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Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...
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I was wondering if there was a definitive article/blog/forum post that summed up the exact process for creating a seller finance deal. I've searched the forums and there are a number of "Pro/Con" type articles but...
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OK this is a question that I have had in the back of my mind for a while, why would anyone sell a property that is cash flowing? I realize that some people might want to sell their property to invest in a better prope...
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Will soon be purchasing my first turnkey property. But before committing, wanted to learn a little bit more about exit options if I decide to sell at some point. Of course, the goal is to buy and hold long term. An...
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Hey BP Community!
I just finished reading Rich Dad Poor Dad, and I’m more motivated than an ever to make my first purchase. I’m looking for my next book now!
So this month I’ll be debt free, and I’ve been thinking a...
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We just agreed on a price for a 96 unit class C complex. The complex is currently managed poorly with out of town owners and "suspect" management and maintenance personnel.
First, we own and manage 90 units ...
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As many of you know, I'm not very good with this techie stuff. I posted a thread a LONG time ago about specific custom spec homes I was building in SO. Utah. I posted the results of all the previous ones but not the m...
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Well I am a complete newbie but learning a lot over the last three months. I think I am finally ready to get in but could use some advice and lessons learned. For now, I am looking to buy and hold as opposed to flip...